Settings8H · net · $10k
Funding arb · Price arb /

ONG

all ONG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1314%/8h= −143.9% APRnext payment $6.57 per $10,000 · paid last 24h −0.709%
Price spread now: HTX against Bybit−0.586%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.716%−$72 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and HTX is 0.586% cheaper against Bybit than usual: you would sell low and buy high (−$59 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.716% in total (about -37.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ONGUSDT0.090500.0100pay 0.0050% / 4h2h 35m$2.4M$3.0M20x
ShortHTX ONG-USDT0.08997−0.1214pay 0.0607% / 4h2h 35m$28K$37K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$275.99
Price spread: −0.586% → 0.000%
−$58.56
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$357.56
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 6 min ago; HTX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 6 min ago2.22 bp49.0 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ONG on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ONG-USDTshort−0.1214%4h0.08997−0.586%$28K$37K20x
MEXC ONG_USDT−0.0068%4h0.09044−0.066%$9.9M$414K20xas long as short
Binance ONGUSDT−0.0065%4h0.09041−0.099%$6.4M$15.6M50xas long as short
Extended ONG-USD−0.0064%1h0.09039−0.125%$169K$20K5xas long as short
Variational Omni ONG+0.0097%4h0.09037−0.143%$131K$43Kas long as short
Aster ONGUSDT+0.0100%1h0.09048−0.018%$71K$54K5xas long as short
Bybit ONGUSDTlong+0.0100%4h0.09050long leg$2.4M$3.0M20x
Gate ONG_USDT+0.0100%4h0.090500.000%$352K$363K20xas long as short
Bitget ONGUSDT+0.0100%4h0.09042−0.088%$1.4M$1.3M50xas long as short
BingX ONG-USDT+0.0100%4h0.09047−0.033%$1.4Mas long as short